Archives: Casino Reinvestment and Expansion
The Proper Care & Feeding of the Golden Goose
Under the new paradigm of declining economic conditions across a broad spectrum of consumer spending, casinos face a unique challenge in addressing how they both maintain profitability while also remaining competitive. These factors are further complicated within the commercial gaming sector with increasing tax rates, and within the Indian gaming sector by self imposed contributions to tribal general funds, and/or per capita distributions, in addition to a growing trend in state imposed fees. Situs Slot Terpercaya
Determining how much to “render unto Caesar,” while reserving the requisite funds to maintain market share, grow market penetration and improve profitability, is a daunting task that must be well planned and executed.
It is within this context and the author’s perspective that includes time and grade hands-on experience in the development and management of these types of investments, that this article relates ways in which to plan and prioritize a casino reinvestment strategy.
Although it would seem axiomatic not to cook the goose that lays the golden eggs, it is amazing how little thought is oft times given to its on-going proper care and feeding. With the advent of a new casino, developers/tribal councils, investors & financiers are rightfully anxious to reap the rewards and there is a tendency not to allocate a sufficient amount of the profits towards asset maintenance & enhancement. Thereby begging the question of just how much of the profits should be allocated to reinvestment, and towards what goals.
Inasmuch as each project has its own particular set of circumstances, there are no hard and fast rules. For the most part, many of the major commercial casino operators do not distribute net profits as dividends to their stockholders, but rather reinvest them in improvements to their existing venues while also seeking new locations. Some of these programs are also funded through additional debt instruments and/or equity stock offerings. The lowered tax rates on corporate dividends will likely shift the emphasis of these financing methods, while still maintaining the core business prudence of on-going reinvestment.
As a group, and prior to the current economic conditions, the publicly held companies had a net profit ratio (earnings before income taxes & depreciation) that averages 25% of income after deduction of the gross revenue taxes and interest payments. On average, almost two thirds of the remaining profits are utilized for reinvestment and asset replacement.
Casino operations in low gross gaming tax rate jurisdictions are more readily able to reinvest in their properties, thereby further enhancing revenues that will eventually benefit the tax base. New Jersey is a good example, as it mandates certain reinvestment allocations, as a revenue stimulant. Other states, such as Illinois and Indiana with higher effective rates, run the risk of reducing reinvestment that may eventually erode the ability of the casinos to grow market demand penetrations, especially as neighboring states become more competitive. Moreover, effective management can generate higher available profit for reinvestment, stemming from both efficient operations and favorable borrowing & equity offerings.
How a casino enterprise decides to allocate its casino profits is a critical element in determining its long-term viability, and should be an integral aspect of the initial development strategy. While short term loan amortization/debt prepayment programs may at first seem desirable so as to quickly come out from under the obligation, they can also sharply reduce the ability to reinvest/expand on a timely basis. This is also true for any profit distribution, whether to investors or in the case of Indian gaming projects, distributions to a tribe’s general fund for infrastructure/per capita payments.
Archives: Having Fun With Casino Games
Casino games can be a fun and enjoyable way to spend your extra time. The great thing about casino games is that now you can play in a land casino or online, the choice is yours. Many people love going to land casinos from time to time for the experience, but more and more people are turning to online casinos to join in on the fun.
There are many different choices in games and formats. For example, some casinos allow you to play and gamble right on their website for the fun. However, other online casinos require a software download that synchronizes with the website to account for your wins, losses, and credits.
There are many online casino games to choose from. For example, you can play slots. Online slots are very similar to casino slots, however, the biggest difference is the way you play. Instead of dropping the coin in the slots and pulling the lever, you determine digitally how much you will bet and then push a button with your mouse to get the reels rolling.
You can also play online blackjack, perhaps one of the most popular casino games in existence. Again, it is very similar to land based casino type of play, only it is done digitally and on a computer. In some cases, many people prefer online casino games over land based casinos because of the lack of noise, crowds, and inconvenience that many players might feel.
link slot gacor Video poker is also extremely popular when it comes to online casino games. These types of games allow you to play the poker games you love, without having to set foot outside of your home. Sitting in your own chair, with access to your own refrigerator, and perhaps even in the comfort of your pajamas, you can play the poker games you enjoy most.
Roulette is another popular online casino game. It is just as popular online as it is offline perhaps even more so. Online casino games generally make things easier to understand. For instance, they will have the rules right there available to you with just a click of the mouse button. Some sites even offer many articles on the different types of casino games, which are filled with strategies, rules, and history of the game for you history buffs.
There are just so many choices in casino games online that you may have troubles picking just one, you can try your hand at craps, Texas Hold’em poker, seven card stud, five card stud, blackjack, slots machines, and so much more without having to get into the car, waste gas, drive to the casino, pay for parking, buy the drinks, and tip the server at the same time.
Now you can see why many people are turning to online casino games for their gambling fun. They are convenient, colorful, appealing, and so much fun to play. Why not give online casino games a try next time you find yourself bored, with nothing to do.
Archives: All About Casino Gambling Online
A perfect amalgamation of the Internet and casino games, today casino gambling online is the most preferred mode of playing and gambling used by many people. Though many people like the adrenaline rush when they play with their stakes at the elite Los Vegas casinos, but a visit to those expensive casinos is not a practical solution. Imagine yourself on a blissful holiday cruise; you sure are not going to travel all the way to your favorite Los Vegas casino. Even a drive to nearby casinos is time consuming. That’s where casino gambling online comes to satiate your gambling desire. Through casino gambling online, all the fun, excitement is available at your doorstep.
Over the last few years, there has been an extraordinary increase of online gamblers which resulted into many sites offering casino gambling online. Today this online casino gaming is a billion dollar industry with players from all over the world. There are three types of online casino gaming sites. First one is web based where players needn’t have to download any software onto their computer to enjoy an online casino game. They just need to register with the casino gambling online site. When they click on any particular online casino game, it would be loaded via the browser in either Flash, or Java, depending on the programs and browser. It mode is one of the most popular choices among online gamblers.
The second type is downloadable casino gambling online where players are required to download relevant software programs onto their own computers before they start with their games. Many players prefer this as online casino games becomes a lot faster after all the required files are downloaded to local computers. The latest type of online casino game is the LIVE casino where online players get to interact and even bet with the dealers of a real LIVE casino.
With so many new casino gambling online sites coming up everyday, it’s really tough to distinguish the genuine ones from that of the fraudulent online casinos. But you can look into a few aspects while choosing a good casino gambling online site. Check out the payout percentages and bonuses that the site offers. Some of the best casinos offer a payout percentage ranging from 97% – 98%. The bonus could also vary from $200 to $3200. Many online casino gaming sites also offer No-deposit bonuses where players needn’t have to deposit anything into their account and can start with the free money offered by the online casino gaming sites. This business gimmick is of a limited trial period to attract the players into the casino gambling online sites.
Another mode of bonus is the First-time or Welcome bonuses where online casino gaming sites propose some welcome offer if you decide to visit their site and willing to deposit money into your account. This offer is worth taking up provided you read the terms and conditions of the casino gaming site clearly. daftar slot Many casino gambling online sites also offer reloaded bonuses such as monthly bonuses to draw more clients into their sites. These bonuses are a good way for online players to check what’s in offer at the casino gambling online site.
Archives: Guide to Shamans Dream Slot
It is glossed over far too often, but the formation of the modern United States of America actually came at quite the price. Of course there was the war of independence first, followed by a particularly bloody civil war too, however what people always seem to forget is the devastating plight of the Native American peoples.
This is a group of people that have been on American soil since well before any Europeans first reached the continent,Guide to Shamans Dream Slot Articles and they even proved instrumental in helping the first settlers navigate their new surroundings. You would have thought they would be rewarded for this, wouldn�t you?
But in actuality they have been slowly and quietly slaughtered over the centuries, with their ancestral lands taken from them with not even a sorry being said. It really is sad, especially when you consider how important their culture is, especially with its closeness to the natural world � something we need more than ever in the 21st Century.
It is this last point that has made Native American culture so attractive to the wider world � you just cannot get away from their presentation as mystic shamans with trained eagles and the rest. In many respects this is true as well, as Native Americans do have a much stronger connection with the world around them.
It is also something that works perfectly in the setting of an online slot, and for this reason many developers have looked to Native American culture for inspiration over the years. Just take Eyecon�s online slot Shamans Dream as an example: this game is directly inspired by the world of shamans and eagles, earning a lot of positive reviews upon its release.
The 5 reel and 25 pay line slot may seem pretty standard from the outside, however we can assure you it is genuinely anything but. Read ahead for a comprehensive lowdown on Shaman�s Dream.
About Shaman�s Dream and its aesthetic
If a developer is going to use Native American culture as the main theme for their online slot they better make sure that they pull it off, because this aesthetic is way too beautiful to be done with half measures. ABOWIN88 Luckily for us Eyecon have pulled out all the stops here, as Shaman�s Dream is one of the most stunning and picturesque online slots we have ever seen � so good you could frame it and keep it on your living room wall! The background to Shaman�s Dream is an awe-inspiring sunset, with a mystic red sky enveloping it. Towards the front of the screen we have a dark shadowy ground, and it is here that the reels can also be found. In a lovely touch from Eyecon the reels fit the overall colour scheme, and they are also made to be transparent, meaning that you can see the beautiful sunset behind them even when you are in the midst of playing Shaman�s Dream.
It would be a shame if Eyecon didn�t match this beautiful aesthetic with the symbols on offer during Shaman�s Dream, and luckily enough for us the Australian developer seems to have pulled out all the stops to make sure these are just as good as the general background. Upon the reels gamblers can expect to find things such as dream catchers, wolves, swords and majestic eagles, all things that ensure that this slot is immersive as possible. There are also some playing card symbols that make up the low paying icons, however we can gloss over this because the overall aesthetic of the game is so damn good. Eyecon have also made use of a wonderful pan flute soundtrack during Shaman�s Dream, making it even more immersive.
Archives: Where to Find Online Slot Machines
There is no doubt that the slot machines are most favored and played games in the casinos. Their demands are so high that they go with full booking almost all day.
They are very funny and they are exciting as well. You would always enjoy them. They will always help you ease your stress. They are built for that purpose only. Hence we could be a little wondered,Where to Find Online Slot Machines Articles when we hear today that they account for around sixty six percent of the total profit earned by the casinos. Casinos love them and that is why they are so popular.
The biggest advantage of the slot machines is its ease. You will not feel any kind of trouble while using it. It is the easiest game played in the casinos. All you need to do is to just sit there and start playing. You don�t need to be a rocket scientist to figure out the rules for playing the game. Besides, the slot machines offer the basic requirement of the player by giving them the solitudes they desire. Situation has changed today; we live in an era of Internet. Today everything can be replicated with much ease on the monitor. So is true about the slot machine as well.
There are many firms, which are offering online slot machines. Many entrepreneurs are involved in that. It is because of the fact that gaming is the most profitable business going on the Internet. There is a lot of craze for online gaming. Online slot machines are no exceptions. They have come late but they have come good. Now you don�t need to go to Las Vegas to play on them. You can play them sitting in your home. All you need is a computer with an Internet access. By this, you can save a lot of money. Besides, a computer can play much more sounds than a real casino could ever afford to play.
In the market where consumer is the king, it is hardly a miracle. mpo slot Most of the games, which are popular, are invariably free. They don�t charge anything for letting you play the game. If you go to find the online slot machines then you will come to a number of answers. Not all games have the same quality and superiority. You will have to search the better games and their versions. They should look professional; otherwise you will not enjoy the game.
Archives: Land Based Casinos Vs Online Casinos
There is a growing debate between the popularity of land casinos versus online casinos. While the basic format of the casinos is the same, the debate comes when choosing a casino to suit you, the player. Choosing the type of casino is a difficult choice, but once the type of game has been decided, there are several points to note on the different casinos. slot gacor
The slot machines are the key to deciding on the better type of casino, as they give a good indication of the level of game play in the casino itself. While the slot machines themselves are similar, in that you insert the coin and pull the handle, hoping to match the symbols to win the prize, the differences are many, and it’s important to understand these differences when making your decision.
The payout of the machines has a large impact on the decision. A land based casino has a considerably smaller payout percentage than an online casino. This is mostly due to the overheads that the land casinos have to pay out to run the casino. For example, they have mechanics, waiters, cleaners, and dealers, and these are paid through the house profits of the machines. An online casino usually only has a few workers that require payment. In this way, the payouts are generally higher, and will entice a larger customer base due to the increased rates.
The larger customer base of the online casinos largely attracts more customers. The more people playing the machines at one given times increases the popularity, thus making it seem as though there is an advantage to playing the slots at that particular casino. There are so many online casinos that each site has to offer the best service in order to keep your custom. Land based casinos have no real need to do this, because the chances of having another casino in the same city are quite small, and people rarely want to travel a long distance to find other slot machines.
If you do decide to travel to another land based casino, it is important to be aware that the casinos may have dress codes, or other rules to follow that may be different to the previous one you visited. An online casino is a great way to sit in the comfort of your own home without having to worry about what to wear, or what to eat. It is up to you to decide how you spend your time, and your credits whilst playing for the top prizes. It is also possible on many online sites to chat to other users via a chat function, so that you still have the interaction with other players.
It is easy to fall for the gimmicks that can be put up on certain casino sites, making it impossible for you to win any prizes. Sometimes, the lack of winnings could be down to the player not being used to that particular machine. In a land based casino, it is therefore wise to play at a number of different slot machines to find the right one for you. However, this could prove costly, and you could end up spending your money before you’ve found a machine that works for you. With an online casino, there is always a section where you can either download a trial version of their machines, or enter a java page. This enables you to play the slots for free, and implement any strategies you have before playing with real money.
There is a worry that using your own money is not safe with an online casino. Credit card fraud is a common crime, and it is wise to be wary about giving your details over the internet. To ease your mind, casinos use a secure server that transfers any money quickly and easily, and generally doesn’t store any personal information where it can be accessed by other users. Confidentiality is a major factor when creating an account with these sites, and the owners of the casinos understand that in order for you to keep playing their wide range of games, they must stick to their own rules.
Archives: 6 Helpful Online Slot TipsWant to know more about online casino games?
Gambling is a world where it seems as though everyone�s trying to give you money. But the reality is that all the onlinecasinos and gaming dens lure you hoping to see your wallet shrink in size
Gambling is a world where it seems as though everyone�s trying to give you money. But the reality is that all the casinos and gaming dens lure you hoping to see your wallet shrink in size. Every gambler dreams of that one big win,6 Helpful Online Slot TipsWant to know more about online casino games? We provide you with all the i Articles but for most it remains a dream.
Online Slot machines are a comparatively less harmful way to take charge of how much you loose and win. It is a way wherein you can play with a relaxed mind and don�t need to plot, plan, or guess. Here the luck takes charge. Well, almost!
Here are a few tips to help you come out a winner when gambling on the slot machines:
� Don�t play on borrowed cash. This will only make you tense and keep that jackpot miles away from you. A positive and relaxed mind attracts treasures as you are less prone to overlook clues and information that could lead you to a win.
� Be very clear as to why you are near the slot machines at all. Are you there to enjoy yourself while you win some money doing �just so�, or are you after the �big win�. This will govern the type of slot machine that you will choose because the machines for small frequent small pay outs and less frequent big jackpot will be different from each other.
� Read your destiny in the symbols on the slot machine. When you select a slot machine, check how many symbols it has. The number of symbols is directly proportional to the combinations that can be made and therefore the number of times you are likely to win. slot But remember � more wins mean less winning amount.
� When to go for that biggie? Small wins will not keep you satisfied for long. Your palms will itch to play for the progressive big jackpot. Do not succumb to this desire until the progressive jackpot becomes exceptionally big. History says that when the progressively building jackpot becomes really big, it is very likely to burst. Wait for such an opportunity.
� For your own safety play slots at reputable online casinos that offer a bonus. This will not only give you peace of mind but also generous bonuses to play on.
� Remember to stop. Many players forget this simple rule and loose all the money they earned from playing slots and sometimes much more.
It is easy to get carried away when you see the money roll in. True winners quit when they are still at a �high�.